SIR 0.00% $2.52 sirius resources nl

Ann: Additional PGM's in gossan at Polar Bear, page-6

  1. 13,252 Posts.
    re: Ann: Additional PGM's in gossan at Po... legin I would like to be able to tell you some mythical line that will promise that the sp will slowly rise and no one will scalp points buy at .007 and the straight to .009.But Mate SIR sp will only respond to the drill bit and what they find. Its great to have gossans like at polar bear and promising tenements, thats what makes investors/traders buy low and hold, we have a decent management who have a track recored in being able to drill and find a discovery. Then bring that discovery to life as a mine. So the next 6 months with the drilling program they have planned will certainly give holders and the market a better directional view on what SIR tenements contain. You look at any stock that has really good drill results they fly, They have a lot of options to management (creasy, axm and Bennett) at three cents and I think to place them there they think that sp+ is achievable.
    So Legin for me there are not to many specs that have a program planned like SIR and the money to back it up so hold on don't get impatient let Dr Bennett do the work and see what plays out its a risk reward senario not much more downside but plenty of upside. Remember there are only around 400+ mill free float shares on good results at these levels you can turn that over 3 times on a big day.
 
watchlist Created with Sketch. Add SIR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.